Morgan proof tops Scotsman lots

Rare Morgan dollars and classic Buffalo nickels will be among the highlights of Scotsman’s Collectors’ Auction 2009 scheduled for Oct. 16 at the St. Charles, Mo., Convention Center.

Rare Morgan dollars and classic Buffalo nickels will be among the highlights of Scotsman’s Collectors’ Auction 2009 scheduled for Oct. 16 at the St. Charles, Mo., Convention Center.

Roughly 150 lots of the 888-lot auction are comprised of Morgan dollars individually or in multi-coin groups.

Highlight is a Proof-65 Cameo 1895 graded by Numismatic Guaranty Corp.

The cataloger notes that, “careful examination finds a coin that is practically without flaw, with no obvious hairlines.”

The catalog also explains that NGC has graded 17 examples in this grade and another 34 coins graded higher while for the Professional Coin Grading Service the numbers are 9 and 7, respectively.

“From another perspective, there have been 607 coins graded with no contrast, 158 with Cameo contrast and a paltry 31 coins with UCAM contrast,” the catalog notes.

Scotsman estimates the silver dollar will bring $65,000-$72,000.

The approximately two dozen Buffalo nickels include both raw and slabbed coins. Among the latter is an MS-66 1930-S that was graded by PCGS. Estimate is $700-$850.

Among the 150 or so gold coins in the sale is a PCGS MS-65 1907 high relief Saint-Gaudens $20. Estimate is $34,000-$39,000.

For more information, contact the firm at 11262 Olive Blvd., St. Louis, MO 63141-7653. Telephone (800) 642-4305, or visit the Web site at www.scoins.com.

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